AAON (AAON) Investor Presentation - Slideshow

Company Overview - AAON is a premium provider of commercial heating, ventilation, and air conditioning (HVAC) products[4] - The company focuses on energy efficiency, the environment, and air quality to drive growth and profit[13] - AAON utilizes mass customization, combining low unit costs with flexible manufacturing systems[12] Market and Strategy - AAON focuses on underserved market niches and aims to reduce product delivery channel time and cost[13] - The company's served market has grown significantly from $50 million in 1988 to $159 billion in 2019[14] - AAON invests heavily in research and development, with $148 million spent in 2019[13] Financial Performance - AAON's sales have increased from $3586 million in 2015 to $4693 million in 2019[25] - The company's backlog has fluctuated, reaching $1427 million in December 2019[28] - AAON's stock performance has significantly outperformed the S&P 500 and NASDAQ over 25+ years, with an increase of 41174%[39]